DAMAC Islands 2
Off-Plan

DAMAC Islands 2

From AED 2.40M·Handover Q1 2028·80/20 Payment
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AED 2.40M
Starting Price
Q1 2028
Handover
80/20
Payment Plan
4 Bedroom Villa · 5 Bedroom Villa
Type

Project Overview

DAMAC Islands 2 is the highly anticipated second phase of DAMAC's award-winning Venice-inspired waterfront community in Dubailand. Building on the extraordinary success of DAMAC Islands, this second phase introduces a new collection of 4 and 5-bedroom luxury villas and townhouses, set amid expanded crystal lagoons, lush tropical landscaping, and premium beachfront promenades. With starting prices from AED 2.4 million and an attractive 80/20 payment plan, DAMAC Islands 2 represents one of Dubai's most compelling villa investment opportunities for 2028 handover.

DAMAC Islands 2 expands the award-winning Islands masterplan with new villa clusters, expanded lagoons, and premium waterfront amenities. Phase 2 introduces enhanced community features and a broader selection of villa configurations.

Project Specifications
DeveloperDAMAC Properties
LocationDubailand, Dubai
Unit Types4 Bedroom Villa, 5 Bedroom Villa, Townhouse
AreaDubailand
BuildingsMega Villa Community — Phase 2
OwnershipFreehold
Est. ROI6-8%

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.8%
NOI AED 114,480 / year
Cash-on-Cash
3.2%
Levered cashflow AED 35,280
Base-Case IRR
13.3%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 168,000 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
DAMAC Islands 2 launch basis600AED 2.40MCurrent launch / asking basis
Dubailand ready-stock comps1,500AED 6.00MIndicative resale benchmark
Dubailand premium peer launches1,850AED 7.40MNew-launch peer set
Trophy alternative proxy2,250AED 9.00MHigher-end anchor for negotiation context

Gallery

DAMAC Islands 2 — View 2
DAMAC Islands 2 — View 3

Payment Structure

80%

During Construction

80% paid in instalments throughout the construction period

20%

On Handover

20% due on key collection — ideal for post-handover financing

Need a detailed payment schedule?

Our advisors provide full milestone breakdowns at no cost.

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Amenities & Lifestyle

Crystal Lagoons & Private Beaches
Venetian-Style Water Canals
Beach Club & Infinity Pools
Golf Course & Putting Greens
Floating Restaurants & Cafés
Water Sports & Adventure Park
Kids Play Areas & Splash Parks
Jogging & Cycling Tracks
Fitness & Wellness Centres
Retail & Dining Boulevard
24/7 Gated Security
International Schools Nearby
Healthcare Facilities

Location

Nearby Destinations

Global Village — 10 min
Dubai Miracle Garden — 12 min
IMG Worlds of Adventure — 15 min
Arabian Ranches — 10 min
Mall of the Emirates — 25 min
Downtown Dubai — 30 min
Dubai International Airport — 35 min
Dubailand, DubaiDubailandDubai, UAE

Developer Track Record

01

Second phase of Dubai's most acclaimed waterfront villa community

02

4 to 5-bedroom luxury villas from AED 2.4M

03

Expanded crystal lagoons and private beach access

04

80/20 payment plan — only 20% on handover

05

Q1 2028 handover — ideal for long-term investors

06

DAMAC Properties — 43,000+ units delivered in Dubai

Secure Your Unit in DAMAC Islands 2

Limited units available · Direct developer pricing

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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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